Phishing scams top crypto security threat of 2024 — CertiK
Phishing attacks were the most costly attack vector for the crypto industry in 2024, netting attackers over $1 billion across 296 incidents.
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Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

Bitcoin price cracks major resistance as analyst eyes $70K ‘destiny’
An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000. 630 Total views 4 Total shares Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price hits 2-week highsData from…

New York bill proposes to ban crypto mining for 3 years over carbon concerns
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3. 1669 Total views 31 Total shares Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate. The New…

Vitalik Buterin reveals X account hack was caused by SIM-swap attack
The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of his X account. 698 Total views 13 Total shares Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack.Speaking on the decentralized social

Fed still undecided about digital dollar, says Chair Jerome Powell
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. 466 Total views 6 Total shares The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter.Speaking at a news…

A Blockchain company in Seoul may be ground zero for a fresh resurgence of COVID-19
A major South Korean tech hub is under scrutiny by local health authorities. According to Asia Kyungjae, at least 44 employees of an unnamed South Korean Blockchain company recently tested positive for COVID-19. The employees have since been quarantined.The report states that the company is based in the southern Gwanak District of Seoul; a well-known…

ConsenSys to Build Global Trade Platform for Agribusiness Giants
Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected major Ethereum-focused firm ConsenSys as a technology partner.Within the partnership, ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry and bring efficiencies and cost savings to the international agribusiness supply chain, Covantis said in a Jan. 23 press…

Ripple Q2 2020 Report: XRP Sales Increased 19-Fold
The XRP Markets Report shows Ripplenet’s On-Demand Liquidity network experienced 11x growth compared to 2019, while XRP sales surged in Q2. Sales of Ripple’s XRP token in Q2 surged after hitting a low in the first quarter, while the firm’s On-Demand Liquidity network remains popular.According to Ripple’s quarterly report released on August 3, sales of…